CDK Global Names Scott Thompson Senior Vice President, Business Leader, CRM and Layered Applications
HOFFMAN ESTATES, Ill. – October 7, 2019 – CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today announced that Scott Thompson, 58, has joined its executive leadership team as senior vice president, business leader, CRM and Layered Applications effective immediately. Scott will be based in the Company’s Austin, Texas office.
”Scott is a seasoned and proven industry leader who is passionate about business growth, and relentlessly focuses on delivering for customers,” said Brian Krzanich, president and chief executive officer, CDK Global. “These qualities align well to our organizational priorities, making him an ideal match for this new and exciting role. I am delighted that Scott will bring his skills and experience to CDK, and am confident that he can help us realize the growth we aim to achieve.”
In this new role, Scott will set the strategy for the CDK and DMS-agnostic Layered Applications including CRM, Service, Desking, Menu, F&I, Inventory, Credit Services and other layered apps. In addition to building progressive blueprints for these businesses, he will be committed to customer loyalty.
Scott joins CDK from Austin-based Epicor Software Corporation, where he most recently served as head, automotive and business products. As a member of Epicor’s leadership team, he was responsible for a broad range of hardware and software solutions that sell both into and outside of the automotive industry.
Scott’s path to Epicor began much earlier, however. In 2007, Scott joined Internet AutoParts, Inc., a technology provider of auto parts distributors that supported their service-shop customers, as president and chief executive officer. Scott successfully led the company to growth, and in 2012, the company was purchased by Epicor.
“As a market leader, and under the leadership of Brian Krzanich, CDK is poised for significant short – and long-term growth,” said Thompson. “I am excited by the many opportunities in front of this tremendous organization and the automotive industry at large, and am thrilled to be stepping into a brand new role leading a best-in-class portfolio of solutions. Throughout my career, I have been driven by helping customers win, and I am looking forward to developing and cultivating long-standing relationships with CDK customers, built on trust, and reinforced by demonstrated, continuous success.”
Scott earned his Bachelor of Science in Business Administration (BSBA) degree in Accounting and Computer Information Systems from Drake University in Des Moines, Iowa.
About CDK Global, Inc.
With $2 billion in revenues, CDK Global (Nasdaq: CDK) is a leading global provider of integrated information technology solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 30,000 retail locations and most automotive manufacturers. CDK solutions automate and integrate all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair and maintenance of vehicles. Visit cdkglobal.com.
Safe Harbor for Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including: the Company’s business outlook; other plans; objectives; forecasts; goals; beliefs; business strategies; future events; business conditions; results of operations; financial position and business outlook and trends; and other information, may be forward-looking statements. Words such as "might," "will," "may," "could," "should," "estimates," "expects," "continues," "contemplates," "anticipates," "projects," "plans," "potential," "predicts," "intends," "believes," "forecasts," "future," "assumes," and variations of such words or similar expressions are intended to identify forward-looking statements. These statements are based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed, or implied by, these forward-looking statements.
Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include: the Company’s success in obtaining, retaining and selling additional services to customers; the pricing of the Company’s products and services; overall market and economic conditions, including interest rate and foreign currency trends, and technology trends; adverse global economic conditions and credit markets and volatility in the countries in which we do business; auto sales and related industry changes; competitive conditions; changes in regulation; changes in technology, security breaches, interruptions, failures and other errors involving the Company’s systems; availability of skilled technical employees/labor/personnel; the impact of new acquisitions and divestitures; employment and wage levels; availability of capital for the payment of debt service obligations or dividends or the repurchase of shares; any changes to the Company’s credit ratings and the impact of such changes on financing costs, rates, terms, debt service obligations, access to capital market and working capital needs; the impact of the Company’s indebtedness, access to cash and financing, and ability to secure financing, or financing at attractive rates; the onset of or developments in litigation involving contract, intellectual property, competition, shareholder, and other matters, and governmental investigations; the Company’s ability to complete the divestiture of the Digital Marketing Business; and the ability of the Company’s significant stockholders and their affiliates to significantly influence the Company’s decisions or cause it to incur significant costs.
There may be other factors that may cause the Company’s actual results, performance or achievements to differ materially from those expressed in, or implied by, the forward-looking statements. The Company gives no assurances that any of the events anticipated by the forward-looking statements will occur or, if any of them do, what impact they will have on its results of operations and financial condition. You should carefully read the factors described in the Company’s reports filed with the Securities and Exchange Commission ("SEC"), including those discussed under "Part I, Item 1A. Risk Factors" in its most recent Annual Report on Form 10-K for a description of certain risks that could, among other things, cause the Company’s actual results to differ from any forward-looking statements contained herein. These filings can be found on the Company’s website at www.cdkglobal.com and the SEC's website at www.sec.gov.
All forward-looking statements speak only as of the date of this press release even if subsequently made available by the Company on its website or otherwise. The Company disclaims any obligation to update or revise any forward-looking statements that may be made to reflect new information or future events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law.
CDK Global Media Contact:
Senior Director, Global Corporate Communications 847.485.4423
Investor Relations Contact:
Director, Investor Relations